Financial Literacy Online

Introduction

In this video series, you’ll learn about Making Money, Saving Money and how to build a portfolio to generate passive income with your savings. Get motivated to become financially literate. Learn the 9 Principles of Financial Literacy and take actionable steps to build a wealthy life.

Episode 1

Become financially literate in order to thrive. Build wealth so you can buy the freedom to pursue your dreams. Money will empower your ability to jump out of bed each morning to choose exactly how you’re going to add value to the world.

Episode 2

The Financial Literacy Model is: Make, Save, Live. Common terminology in the financial world is put into the framework of making money, saving money and spending money all in the context of the 9 Principles of Financial Literacy.

Episode 3

Making Money is Value Creation. Ultimately, we can make money if we can add value. Cumulatively, a healthy economy exists when Total Value Added is greater than Total Consumption by its participants.

Episode 4

We are wired to exchange time and effort for money. Financially literate people buy “machines” to generate passive income. We learn that freedom can only occur when you are able to de-couple time & effort from money.

Episode 5

We discuss how income tax is calculated, your marginal tax rate and your average tax rate. We learn that tax rates are different for different types of income. Understand our tax system to avoid paying taxes unnecessarily.

Episode 6

We discuss different types of investment vehicles used to generate passive income. Over the long term, “owners” make more than “loaners”. Learn why it is important to understand the difference between “Risk” and “Volatility”.